sebi:SO/AB/EFD2/2023-24/7032
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Facts / Headnote
Disposed of on settlement terms
Provisions invoked
- s. 19
- s. 12A
- s. 15J
Regulations
- Reg. 25
- Reg. 28
- Reg. 4(1)
- Reg. 23(1)
- Reg. 201
Parties
- Rakesh Bhojgdhiya
- Rakesh Bhojgdhiya HUF
Holding
The specified proceedings initiated against Rakesh Bhojgdhiya and Rakesh Bhojgdhiya HUF vide Show Cause Notice dated September 15, 2022 are disposed of in terms of Section 15JB read with Section 19 of the SEBI Act and Regulation 23(1) of the Settlement Regulations on the basis of the settlement terms.
Full text
Settlement Order in respect of Rakesh Bhojgdhiya and Rakesh Bhojgdhiya HUF in the matter of Poonawalla Fincorp Ltd. (Previously Known as Magma Fincorp Ltd.) Page 2 of 4
Settlement Order in respect of Rakesh Bhojgdhiya and Rakesh Bhojgdhiya HUF in the matter of Poonawalla Fincorp Ltd. (Previously Known as Magma Fincorp Ltd.) Page 3 of 4
Settlement Order in respect of Rakesh Bhojgdhiya and Rakesh Bhojgdhiya HUF in the matter of Poonawalla Fincorp Ltd. (Previously Known as Magma Fincorp Ltd.) Page 4 of 4
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Source: SecMarx — sebi:SO/AB/EFD2/2023-24/7032. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.